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A group of U.S. investors, with backing from YouTube star Jimmy Donaldson, also known as MrBeast, has amassed over $20 billion to bid for TikTok. The group, led by tech entrepreneur Jesse Tinsley, includes Roblox CEO David Baszucki and Anchorage Digital CEO Nathan McCauley as investors. Tinsley told the publication that their offer is “significantly higher” than a competing $20 billion bid. He may have been referring to the Project Liberty bid by former Los Angeles Dodgers owner Frank McCourt and “Shark Tank” star Kevin O'Leary. MrBeast is not solely committed to this bid. A spokesperson for the YouTuber told the publication Donaldson is in talks with several parties and plans to back the leading offer. Despite the substantial offer, Tinsley said that they "have not heard back directly" from TikTok’s parent company, ByteDance, which has stated that TikTok’s U.S. business is not for sale.
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